Moghalu: I’m not blaming the youth for leaving Nigeria – there is so much economic frustration

Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), says economic frustration and misery are among the factors driving youth out of Nigeria.

Moghalu said he was running for president in 2023 to help build a country to return to.

The technocrat became a politician recently joined the African Democratic Congress (ADC) to pursue its presidential ambitions.

During a broadcast on Channels Television on Sunday, he said that although his children live abroad, they look forward to returning to Nigeria.

He said, “My family has always been international because of my career and my children all want to return to Nigeria.

“This is why they encourage me in my political career because they feel that if I can win, I can lead the creation of a Nigeria they can return to.

“Look at the young people in this country, they all want to leave, leave the country because there is so much misery, so much economic frustration.

“And I’m not blaming them for leaving. My heart goes out to these young people. I want to lead the creation of a new Nigeria to return to. “

Moghalu said he could have joined the All Progressives Congress (APC) or the People’s Democratic Party (PDP) in 2019 – but realized that neither party can help achieve his vision for Nigeria.

He said, “I don’t think the Nigerian political leadership is righteous or able to change this country for the better.

“In 2019 I had the opportunity to join the PDP or the APC, but I advised myself to present my vision to the Nigerians and to pursue my political career in the long term.

“Because I wasn’t satisfied with being part of the system that fed the Nigerian community with fat. If I join APC or PDP today, I have taken care of myself.

“The vision I have for the people, I don’t think these parties are able to fulfill it, I don’t think they are able to implement it.

“So we have to build an alternative to them and educate voters about this alternative.”

The former CBN deputy governor also advised against ethnic divisions, adding that he was interested in contributing to unity in the country.

He added: “This is one of the reasons I am in politics and aspiring for the presidency. I would like to have the opportunity to unite our country and show us all that we can be greater than the sum of our past, that the diversity of this country can be made a success. “